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Home My WebLink About0567 VIRCI.r r1VmG rmrr•v ~n...~~• , ~ ~ V~ ~vtTH FUTURE ADVANCE i:/ . V 9th MaY ~ , A.O., t9 80 ,between THIS MORTGAGE, made this day of - f Gary A. Kestel IMortga9orl and t Sun Bank of St. Lucie Co. - (Mortgagee?: (Name of Sun Bankl WITNESSETH, that Mortgagor, for arxi in consideration of the premises and in order to secure the payment of the principal and interest on the note las hereinafter detinedl, Mortgagor hereby grants, assigns transfers and mortgages to Mortyagee, its successors and assigns forever, the lollowing described rear property in ?St• Lucie County, Florida, to wit: Lot 6, Block 4, Lakewood Park Unit 8-B as per plat there of recorded Deed Book 11 Page 48 of public records of St. Lucie Co. , Fla. _ : ` ~ i _ - .i" ; , _ - Q tl r~ r~ ¦.r~ !9E0 ~ i~ i'i' 12 PM 2~ 4 S D Illr~?li•'7 3b i!1 PA :~'K,:r V. TMW S i11t0 ANC ~FCOlt[TEp ~ g L'J _ v d C:- 'C' CtF:.ti' aE P, -.:':~~.L FRO7EdT1f. ST.LUCIE CQUMTY.FLA. ii F(i?:,.;;:a: TO c:(..rr_s n-::4, ACTS Ot »7L ROGER POITRAS C.iu3 PHITkAS CLERK CIRCUIT CCUR CLERII giiCUR CGUicT, ST. LUCIE 00. CFCOFC VI Rli'ICD~~ 4~s33s - (hereinafter referred to as the Mortgaged Propertyl; and the Mortgagor does hereby fully warrant the title to the Mortgaged Property and will defend the same against the lawful claims of all persons whomsoever. PROVIDED ALWAYS, that if Gary A Kestel ,the blaker(sl of that Itnsert Namelsl) certain promissory note dated the date hereof (the Note1, his heirs, legal representatives or assigns shall pay to Mortgagee the principal sum of $ 178.91 _ as evidenced by the Note, with interest and upon the terms as provided therein, the final maturity date of the Note and of this Mortgage being May 9 , 19 82 ,which Note provides that all installments of principal and interest are payable at the office of Mortgagee, or at wch other place as the holder may designate in writing, and that each maker and endorser agree to pay all costs of collection, including a reasonable attorney's fee, upon default in the payment of the Note, and that if default be made in the payment of any installment thereunder artd that if wch default is not made good in accordance with the terms of the Note, that the entire principal win and accrued, earned interest shall become due and payable without notice at the option of the holder thereof; and shall perform and comply with each and every stipulation, agreement and cov- enant of the Note and of this Mortgage, then this Mortgage and the estate hereby created shall be void, otherwise the same shall remain in full torte. Maker covenants to pay the interest and principal promptly when due. Mortgagor covenants to pay the takes and assess- ments on said property; to carry insurance against hie on the building on said land for not less than $ n~a ,approved by the Mortgagee, with standard mortgage loss clause payable to Mortgagee, the policy to be held by the Mortgagee and to keep the building on said land in proper repair. This Mortgage shall secure not only existing indebtedness, but also wch future advances, whether wch advarxes are obtgatory or to be made at the option of Mortgagee, or otherwise, as are made wrthm twenty 1201 years from the date hereof, to the same extent as if wch future advances were made on the date of the execution of this Mortgage, but such secured indebtedness shall not exceed at any t,me the maximum principal amount of S n la plus interest, and any disbursements made for the payment of taxes, levies, or insurance, on the Mortgaged Property, with interest on wch disbursements- Any wch future advances, whether f l ~yy.~~,,~~ oblgatory or to be made at the option of the Mortgagee, or otherwise, may be made either prior to or after the due date of the Note or C 'U~ any other notes secured by this Mortgage- Thrs Mortgage is given for the specdic purpose of securing any and alt indebtedness by the ~ ~I Maker to Mortgagee (but in rto event shall the secured indebtedness exceed at any time the maximum principal amount set forth in this !I paragraph) in whatever manner this indebtedness may be evidenced or represented, until this Mortgage n satisfied of record. All cove- ~ Hants and agreements contained in this Mortgage shall be applicable to all further advances made by Mortgagee to Maker under this ~ future advance clause. .,d w z _ O Should any of the above covenants be broken then the Note aril all moneys secured hereby shall, without demand, if the Mortgagee, so elect, at once become due and payable and this mortgage may be foreclosed, and all costs and expenses of collection and ~ reasonable attorneys' fees, including costs, expenses and reasonable attorneys' tees on appeal, d collected by legal proceedings or ~ ~ through an attorney at law, shall be paid by the Maker, and the same are hereby secured. - z O IN WITNESS WHEREOF, the Mortgagor has executed this Mortgage as of the date fiat above set forth. - - ~ Signed, seal rid delnered in our r ce: ~rary A. Kestel 1 ~ _ (SEAL) t ~ IMOrtgagor j /1 . ISEALI s (Moe tgagor ) STATE OF Florida ) ~ ) COUNTY OF St. Lucie I HEREBY CERTIFYr,III~t~op this day, before me, an officer duly authorized in the State aforesaid and in the County aforesad to take acknowledyrt>,e'n ~c{Bna~~appeared Gary A. Kestel to me known to be the person described m and who ezecu~ed~t+'Mppornta iMirument and }1P, acknowledged before me that he executed the same. _ , WITNESS/~r haitd~r~d otir~ibly~al in tqe County and State last a resa this - day of MaX , A.O., 19 tOSVV _ t fJ~ . ~ i i Notary Public i?R ~ My Commission ExpiresNOTARY f~IC STATR Oi RARiOA AT tA~ BtI~K~~ P/GE MT COMMISSION EIVIRi3 MAY. li ws~ _ 4-6014-0OQ7 Rev. 8/77 ~r ~ 110f~fD fl~tU GEtARAL IiiS• t~~[~„